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Sri Lanka shares close up 1.16-pct
Oct 15, 2014 (LBO) – Sri Lanka’s shares gained on Wednesday with the positive price movements in banking and diversified stocks amid net foreign buying, brokers said. The Colombo benchmark All Share Price Index closed 83.36 points higher at 7,288.83, up 1.16 percent. The S&P SL20 closed 53.09 points higher at 4,064.84, up 1.32 percent. […]
Think Digital
Oct 14, 2014 (LBO) – Sri Lankan companies need to adopt and engage more with the customers digitally to drive value creation and to face competitive market, a digital expert said. œAny company is in the market is for nothing but to create, deliver and capture value, Peter D’ Almeida, Managing Director and Chief Executive […]
LBR LBO Enterprise Summit 2014 – “Why Should Social, Mobile, Analytics and Cloud be in Your Transformation Agenda” – Tuesday 14th October 2014
Topic: Why Should Social, Mobile, Analytics and Cloud be in Your Transformation Agenda Date/Time: Tuesday 14th October 2014 | 0845- 1930 HRS Venue: OAK Room, Cinnamon Grand, Colombo Host: Lakshaman Bandaranayake | Founder, Publisher | Lanka Business Online [LBR LBO] [col type=”one-third”] Registration Form [/col] [col type=”one-third”] Summit Booklet [/col] [col type=”one-third last”] Summit Presentations [/col] [tabs] [tab […]
Enterprise Summit
Oct 14, 2014 (LBO)-A high level conference on œWhy should social, mobile, analytics and cloud be in your transformation agenda kicked off in Colombo Wednesday featuring high level speakers and panelists from Sri Lanka and abroad.The speakers represent a wide range of product categories, industries and some of the best known and highly successful brands […]
Sri Lanka stocks close down 1.9-pct
Oct 13, 2014 (LBO) – Sri Lanka’s stocks closed 1.87 percent lower amid banking stocks losing ground with the central bank’s guidelines on tax incentives to promote financial sector consolidation, brokers said. Commercial Bank of Ceylon closed 9.90 rupees lower at 157.30 rupees and DFCC Bank closed 14.40 rupees lower at 215.40 rupees, contributing most […]
Sri Lanka Eastern province is to be promote as global natural and cultural destination
Oct 10, 2014 (LBO) – Sri Lanka’s Eastern province, is to be promoted as a world-class natural and cultural destination by National Geographic Maps, to improve the contribution of tourism to local economic growth by promoting geo tourism. Geo tourism is a form of tourism that sustains or enhances the geographical character of a destination’s […]
’s: Chamber
Oct 13, 2014 (LBO) – Sri Lanka’s small and medium enterprises are encouraged to partner with big companies, so they could take advantage of consumer market and finance. The forum has organized by the Ceylon Chamber of Commerce who will bring together all stakeholders in the SME sector including policy makers, banks, service providers, technocrats […]
’s
Oct 13, 2014 (LBO) – Sri Lanka needs a credit rating system especially for the small and medium businesses to have easy access to finance, said Saman Kelegama, director of the Institute of Policy Studies, a think tank. Access to finance remains a key constraint for SME’s growth, with a one trillion dollar credit gap […]
Sri Lanka gets US$1.3bn in FDI by October: Ministry of Investment Promotion
Oct 11, 2014 (LBO) – Sri Lanka is estimated to have received about 1.3 billion US dollars of foreign direct investment by October 2014, investment promotions minister Lakshman Abeywardene said. There will be 23,600 new jobs created if these FDI’s successful. BOI enterprises have exported 4.84 billion US dollars’ up to October worth of goods […]
’s pensioners to get a digital ID
Oct 11, 2014 (LBO) – Sri Lanka’s Department of Pensions launches a digital identity card for pensioners in partnership with Sampath Bank, a private lender in the island, the bank said in a media release. The official launch of the card held 9th September 2014 at Pensioners ’Resort in Kelaniya with the participation of over […]
Sri Lanka stocks close down 0.9-pct
Oct 10, 2014 (LBO) – Sri Lanka’s stocks closed 0.88 percent lower with tobacco and banking stocks losing ground amid strong foreign selling, brokers said. The Colombo benchmark All Share Price Index closed 65.08 points lower at 7,321.00, down 0.88 percent. The S&P SL20 closed 41.33 points lower at 4,110.02, down 1.00 percent. Turnover was […]
New Cable
Oct 10, 2014 (LBO) –Sri Lanka Telecom said it would invest 40 million US dollars to build new submarine cable system which connect Singapore to Europe via Sri Lanka. Silva said as SLT’s major traffic routes are connected to key destinations in Europe, Asia Pacific and Indian regions, the upcoming SEA-ME-WE 5, would boost country’s […]